Prepare your family to receive assets
I’ve heard it said many times now and in various ways, but the principle is the same: we should prepare our families to receive assets. Too many times, I see families who work hard—incredibly hard—to build a portfolio of assets. The majority of their waking hours and working years are in » Read More
Are You Planning for Generations?
It used to be that as a financial advisor you were doing great if you worked with your client, planned a good retirement for them and an inheritance for the children and maybe even the grandchildren. But those days are changing, giving rise to a new field of expertise: the legacy advisor. Consider » Read More
Defining a Life Well Lived—Everyday Legacy
A study on leaving a legacy found most people evaluate a life well lived in terms of loving relationships and social impact rather than money. Forbes contributor Richard Eisenberg summed up some of the Bank of America Merrill Lynch/Age Wave study’s key findings in an article, also mentioning » Read More
